Organisation of Petroleum Exporting countries

Oil production cut: OPEC commends Nigeria on compensation conformity

By Edith  Ike-Eboh The Organisation of  Petroleum Exporting Countries (OPEC) has commended Nigeria for achieving…

Oil rise as production cuts tighten market

Oil prices rose on Tuesday on the back of an outlook for healthy demand amid…

Oil prices to rise as OPEC extends cuts to Dec, 2018

Oil prices is expected to rise further as the Organisation of Petroleum Exporting Countries (OPEC)…

Oil rises to $56 on rising refinery demand, falling U.S. rig count

Oil markets were firm on Monday and remained near multi-month highs reached late last week…

Oil prices rise toward $56 as demand outlook brightens

Oil prices were lower on Friday but on course for weekly gains, the third in…

Kachikwu: Nigeria’s exemption from further crude cuts inevitable

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Wednesday said Nigeria would…

OPEC commends Nigeria for exiting joint cash-call debt

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Mohammed Barkindo, has commended…

Oil rallied as UAE backs output freeze

The United Arab Emirates (UAE) would support a global oil freeze initiative to help support…

Barkindo, former NNPC GMD emerges OPEC secretary – general

Mohammed Barkindo, former Group Managing Director of Nigerian National Petroleum Corporation, NNPC was on Thursday…